Established in 1982, NBF serves approximately 12,000 corporate customers and 30,000 individuals across 14 branches and 52 ATM and CDM units in the U.A.E. The bank’s net profit surged by 113% in 2023 to reach $197 million. The bank has two wholly-owned subsidiary companies: NBF Financial Services and NBF Markets (Cayman) Limited. The Fujairah government has a 46.8% stake in NBF.